Torrey Pines research campus cleared for Salk-inspired remodel
The investigate campus directly reverse San Diego’s famed Torrey Pines Golf Training course will be overhauled to match — and possibly even elevate — the existence science prestige of its address at the corner of Science Park Highway and North Torrey Pines Street.
Thursday, San Diego Planning Commissioners unanimously authorized the permits demanded for One particular Alexandria Sq., which is a reimagining of Alexandria Real Estate Equities’ present 22-acre facility sandwiched among Callan Highway and Science Park Road in Torrey Pines.
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With the approval, the publicly traded actual estate investment have confidence in expects to start design at the conclude of the calendar year on 3, all-new exploration and advancement properties alongside a huge courtyard, pickle ball services, a get-and-go lunch place, a place restaurant and an celebration middle. A 2nd phase will incorporate a fourth new creating to the campus.
The 4, very low-increase buildings and amenity spaces will exchange two 1970’s-period lifetime science structures at 10975 North Torrey Pines Rd. and 10931-10933 North Torrey Pines.
Completely, Just one Alexandria Square will introduce 229,000 sq. ft of new building and will final result in a full of 428,160 square feet of business office and lab room, with the footprint including the developer’s existing amenity-rich biotech enjoyable zone known as The Alexandria. The project also contains 1,487 parking spaces, housed both equally underneath the new properties and in a standalone parking garage.
“This is a single of the leading web pages in the region for life science … . (One Alexandria Sq.) is likely to fully reshape that complete Torrey Pines mesa with kick-ass, timeless architecture that (was) influenced by the Salk (Institute),” Dan Ryan, who is co-chief expenditure officer for Alexandria, explained to the Union-Tribune. “The imagining in this article was to create generational buildings that are timeless in their design and style, and so it’s going to be an astounding incorporate to that science local community.”
Ryan declined to share the price of A single Alexandria Square.
The flagship job, designed by architectural organization NBBJ, will serve as the gateway for Torrey Pines and, by extension, the rest of San Diego, Ryan informed commissioners.
1 Alexandria Sq. contains 4 new exploration and improvement structures, an amenity plaza with a place cafe and a parking garage. Tenants will also be equipped to stroll to The Alexandria, an take in-do the job-perform developing that incorporates the Farmer and the Seahorse restaurant, a health center and a barber store.
(Courtesy, Alexandria Authentic Estate Equities, Inc)
Formally begun in 1994 with the purchase of the One Alexandria Square web-site, Maryland-centered Alexandria now operates 42 million sq. toes of room distribute across 446 qualities in San Diego, Boston, the Bay Area, New York Metropolis and Seattle, according to regulatory filings. In San Diego, the daily life science developer operates 104 houses and 8.4 million sq. toes of lab and business office house, when such as initiatives less than development. Its holdings are concentrated in Torrey Pines, College City and Sorrento Mesa.
Arranging commissioners spoke favorably of A person Alexandria Sq. and its design and style.
“I feel it is wonderful,” reported Kelly Modén, who is vice chair of the Planning Fee. “I believe it will add to San Diego’s economic vitality and carry on to increase (the region’s) presence in the everyday living science community.”
The seven volunteer commissioners, who are appointed by the mayor, were demanded to sign off on the project’s web page progress permit. Town Council action isn’t required except the commission’s conclusion is appealed. The developer asked for and received deviations from enhancement laws that will make it possible for it to develop closer to the general public ideal-of-way together North Torrey Pines Street and develop a wider-than-common entry driveway. The project earlier been given the unanimous assistance of the University Group Scheduling Group.
Alexandria has pre-leased a few of the project’s structures. Publicly traded Singular Genomics, a following-technology sequencing technologies firm that focuses on oncology and immunology, has leased two of the structures. Nearby startup Boundless Bio, which specializes in slicing-edge cancer remedies, has leased the third, Ryan reported.
The initially period of construction is anticipated to be concluded by the close of 2024.
